Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against BingX+0.014%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$830.827% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$7 on $10k
Price spread, last 7 days+0.045%+$5 · spread now +0.014%, 7d avg +0.014%
Together, before fees+0.120%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETHFI-USDC0.71660.0100pay 0.0050% / 4h2h 31m$1.2M
ShortOKX ETHFI-USDT-SWAP0.71670.0100get 0.0050% / 4h2h 31m$5.0M$12.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.014% → +0.014%
−$0.01
Slippage, 4 orders
−$62.7
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$82.71
Costs to cover
0.827%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago2.10 bp27.1 bp −$27113.2 bp −$1,132555.7 bp −$55.6K696.7 bp −$348.4K
Sell OKX live order book, 2 min ago1.40 bp14.1 bp −$1441.6 bp −$416doesn't fitdoesn't fit

ETHFI on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETHFI-USDT−0.0255%4h0.7164−0.028%$88K$169K20xas long as short
Orderly PERP_ETHFI_USDC−0.0208%4h0.7160−0.084%$16K$1K10xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0169%1h0.7164−0.028%$41K$13K10xas long as short
Variational Omni ETHFI−0.0004%4h0.7164−0.022%$1.0M$702Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.033%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0047%8h0.7166+0.002%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7170+0.063%$1.1M$887K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7168+0.028%$18.1M$8.4M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7169+0.042%$183K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7159−0.098%$24.9M$36.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7160−0.084%$18.0M$12.7M25xas long as short
OKX ETHFI-USDT-SWAPshort+0.0100%4h0.7167+0.014%$5.0M$12.3M20x
Gate ETHFI_USDT+0.0100%4h0.7168+0.028%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7162−0.056%$15.5M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7168+0.028%$1.2M$256K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7157−0.126%$6.1M$5.4M75xas long as short
BingX ETHFI-USDClong+0.0100%4h0.7166long leg$1.2M
Polymarket Perps ETHFI-USD+0.0100%1h0.7178+0.165%$71K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7167+0.014%$1K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7158−0.111%$98K$380K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7157−0.128%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7185+0.265%$31K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0226%1h0.7173+0.097%$273K$180K20xas long as short